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View Full Version : Indian Rupee to Climb 8% on Accelerating Growth, Barclays Says - Bloomberg



NewsWhore
05-20-2009, 08:40 AM
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Indian Rupee to Climb 8% on Accelerating Growth, Barclays Says (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaM8Le20Gp1Qo%26refer%3Dindia&cid=1244574078&ei=h_wTSp3LNoXEsAaNhYyUBA&usg=AFQjCNFpjbW1Sy6Jkr9_spjdX_vK52QxRA)
Bloomberg
“In our view, risky currencies, such as in emerging markets in Asia, will outperform. We are bullish on the rupee.” The local currency appreciated for a fourth day, rising 0.3 percent to 47.61 as of 4:15 pm in Mumbai, according to data compiled by ...


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